- At least 12.6% of an organization's annual revenues were at
risk to cyber threats
- Sensors detected 125% attack hours – 10 attack hours in an
8-hour workday
- Businesses endured on average 1,104 hours of critical attacks
during a span of 880 working hours; protected from a potential of
46 days of downtime
- Malware trended up 30% YoY, including a massive 92% spike in
May alone
- Ransomware intensifies in North
America (+15%) and explodes in LATAM (+51%)
- IoT attacks (+107%) and encrypted threats (+92%) continue to
climb globally
- 83% of customer-received alerts seen by our managed services
team are related to cloud apps and compromised credentials
- SonicWall identified 78,923 'never-before-seen' malware
variants – 526 a day
MILPITAS, Calif., July 24,
2024 /PRNewswire/ -- SonicWall today released the
2024 SonicWall Mid-Year Cyber Threat Report, researched and
compiled by SonicWall Capture Labs, which unveils yet another rise
in overall attacks, after seeing an 11% increase observed in 2023.
The report details the evolving threat landscape over the first
five months of this year, highlighting the persistent, relentless
and escalating nature of cyber threats globally.
This report has been built with SonicWall's partners in mind,
and much like SonicWall itself, has undergone a significant
transformation. The report has evolved in how it measures critical
cyberthreat data to include time as a factor. It also highlights
the latest trends that are impacting our partners and the customers
they serve, and for the first time the report ties attacks to
tangible business impact, including potential revenue risk.
"As threat actors continue to add more efficient and
sophisticated tactics, we knew the threat report had to evolve to
suit our partners' and customers' needs," said SonicWall President
and CEO Bob VanKirk. "The report is
current and includes timely trends and provides our partners, MSPs,
MSSPs and customers with actionable intelligence to help them
create and implement strategies to help their customers combat
these threats whether new or old."
Rising Attacks and Revenue Protected
SonicWall intelligence found that on average, companies were
under critical attack – the type of attack most likely to deplete
business resources - for 1,104 hours out of 880 working hours. That
means that customers were shielded from a potential 46 days of
business downtime in just the first five months of 2024, protecting
12.6% of total revenues and defending against potentially
devastating intrusions.
"The data and examples found in the report provide real life
examples of how crafty and swift malicious actors operate,
underscoring that traditional cybersecurity defenses often prove to
be the most reliable," said SonicWall Executive Director of Threat
Research Douglas McKee. "Data is not
just a resource; it's our frontline defense against cybercrime,
revealing critical insights that inform allocation of resources and
enable targeted and proactive cybersecurity measures."
The 2024 SonicWall Mid-Year Cyber Threat Report provides
insight on a range of threats, including:
- Malware – Total global malware volume rose 30% in the
first half of 2024, seeing a massive 92% increase in May
alone.
- Ransomware – Ransomware is trending up with an increase
of +15% in NOAM and a resounding +51% in LATAM, but EMEA is pulling
the global numbers down, logging a -49% decrease.
- IoT Malware – IoT attacks rose by 107%, with
affected devices averaging 52.8 hours under attack. Additionally,
15% of all malware now uses software packing as its main MITRE
TTP.
- Cryptojacking – After a record-breaking year,
Cryptojacking dropped 60%. Most of the globe saw a decrease, with
the exception of India, which saw
a staggering 409% increase.
"The threat landscape is completely overwhelming for
organizations and the teams who defend them," said SonicWall
Partner and Fornida COO Steven
Huang. "Most cybersecurity breaches include some degree of
human error. Ultimately, there are two ways to battle this;
reducing opportunity and educating users. The fewer opportunities
there are for an error, the less users will be tested. And the more
knowledge they have, the less likely they are to make a mistake
even when they face an opportunity to do so."
Patented RTDMI Discovered 'Never-Before-Seen' Malware
Variants
SonicWall's patented Real-Time Deep Memory
InspectionTM (RTDMITM) technology
identified a total of 78,923 never-before-seen malware variants in
the first five months of 2024. The threat landscape remains
complex, with over 500 strains of new variants discovered each
day.
To learn more about SonicWall and get the complete 2024
SonicWall Mid-Year Cyber Threat Report, please visit
www.sonicwall.com/threat-report.
About SonicWall Capture Labs
SonicWall Capture Labs
threat researchers gather, analyze and vet cross-vector threat
information from the SonicWall Capture Threat network, consisting
of global devices and resources, including more than 1 million
security sensors in nearly 215 countries and territories. SonicWall
Capture Labs, which pioneered the use of artificial intelligence
for threat research and protection over a decade ago, performs
rigorous testing and evaluation on this data, establishes
reputation scores for email senders and content, and identifies new
threats in real-time.
About SonicWall
SonicWall is a cybersecurity
forerunner with more than 30 years of expertise and is
recognized as a leading partner-first company. With the ability to
build, scale and manage security across the cloud, hybrid and
traditional environments in real-time, SonicWall provides seamless
protection against the most evasive cyberattacks across endless
exposure points for increasingly remote, mobile and cloud-enabled
users. With its own threat research center, SonicWall can quickly
and economically provide purpose-built security solutions to enable
any organization—enterprise, government agencies and SMBs—around
the world. For more information,
visit www.sonicwall.com or follow us
on Twitter, LinkedIn, Facebook and Instagram.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/sonicwall-report-details-exponential-increase-in-overall-cyberattacks-reveals-potential-revenue-risk-for-businesses-302204660.html
SOURCE SONICWALL INC